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IDFC First Bank Q1 Results: Profit shoots up 132% YoY to record Rs 1,075 crore; NII jumps 21%
['Veer Sharma']
Economic Times
Live EventsDeposits and borrowingLoans and advancesIDFC Bank Q1 management commentaryas a Reliable and Trusted News Source Addas a Reliable and Trusted News Source Add Now!
Gross non-performing assets (NPA) declined to 1.51% as of June 30, 2026, from 1.97% a year earlier, an improvement of 45 basis points.
On a quarter-on-quarter basis, gross NPA improved by 10 basis points.Customer deposits increased 16.6% year on year to Rs 2.99 lakh crore as of June 30, 2026, from Rs 2.56 lakh crore a year earlier.
On a quarter-on-quarter basis, deposits grew 5.3%.CASA deposits rose 24.6% YoY to Rs 1.58 lakh crore as of June 30, 2026, from Rs 1.27 lakh crore in the year-ago period.
On a sequential basis, CASA deposits increased 8.1%.Loans and advances, including credit substitutes, rose 20.6% year on year to Rs 3.05 lakh crore as of June 30, 2026, from Rs 2.53 lakh crore a year earlier.